[Chart courtesy of MarketWatch.com] Markets returned to positive territory as Europe appeared to make some progress at its financial summit, sending the S&P up 1.05%, although nothing is set in stone yet regarding a solution. In commodities, oil took a backseat after two big days, falling 2.47%. Furthermore, the dollar remained at $1.39/Euro. The VIX also dropped 7.32% to fall …
7 ETF Model Portfolios You Can Use – Updated through 10/25/2011
The markets stayed fairly even since last week’s ETF Model Portfolio report as measured by the S&P 500. Yesterday’s pullback was a result of mixed earnings and the never ending European debt saga, which helped bond ETFs. That affected the conservative portfolio (#2) the most due to its 40% exposure in that asset class. Other than that, the changes were …
ETFs Caught in a Firefight Between U.S. and Europe Problems
[Chart courtesy of MarketWatch.com] After yesterday’s gains, markets took a step back today as the S&P 500 dropped 2.00% in the wake of weak U.S. corporate earnings and nervous anticipation ahead of tomorrow’s European summit meeting. In commodities, oil and gold rose 1.73% and 2.99%, respectively. The dollar remained relatively flat against the Euro, sticking to $1.39/Euro, while volatility took …
Equity ETFs Seem To Be Ignoring Europe – Domestic Buy Signal Generated
[Chart courtesy of MarketWatch.com] Political deadlock in the wake of yesterday’s Eurozone meetings that failed to produce a definitive plan on how to deal with the continent’s mounting debt didn’t seem to faze markets in today’s trading session as the S&P 500 rose 1.29%. On the international front, the Nikkei, Shanghai Composite, FTSE, and DAX also posted gains. In relation …
Last Week In Review: ETF News And Blog Posts To 10/23/2011
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 10/23/2011. Again, the markets assumed a positive outcome of this weekend’s European summit based on hopes that all debt issues will be resolved. The news headlines were chockfull of announcements showing unity and agreement between …
Reader Q&A: How Did I get Caught On The Wrong Side of the Trend?
Reader Ian got caught on the wrong side of the market, when a downside breakout seemed to have occurred on October 3rd. Unfortunately for Ian, it was only an intraday drop below the trading range, which turned into a trend reversal. Here’s part of what he had to say: Do you know why the market didn’t break down and crash …